A bid summary released by the FDIC Tuesday showed the $129.3 million winning bid was 36 percent less than the highest offer.

Bankrate Senior Industry Analyst Ted Rossman says a hybrid approach to banking might offer the “best of both worlds.” Keep ...

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In this time of economic uncertainty, keeping your money secure should be a top priority. The Federal Deposit Insurance ...

Saying that its proposed brokered deposits rule would have “significantly disrupted many aspects of the deposit landscape,” the FDIC has withdrawn the proposal. The agency said that it no ...

Under its new acting chairman appointed by President Trump, the FDIC charges ahead with its new agenda by rolling back key Biden-era ...

An employee at a billion-dollar bank transferred a massive pile of cash from customer accounts without permission for his own ...

The Federal Deposit Insurance Corporation released data showing the competitors for a winning bid and the amounts they ...

Learn all about various types of certificates of deposit, how they work and how they potentially fit into your savings and investment planning. Browse Investopedia’s expert-written library to ...